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$2,100,000

Beds
Unknown
sq ft
7,562

1648 S St Andrews Pl, Los Angeles, CA 90019

1648 S St Andrews Pl

Los Angeles, CA 90019

  • 61 days on market
We are thrilled to present an exceptional investment opportunity in Los Angeles, California, brought to you by Keller Williams Studio City. This remarkable 9-unit apartment building offers a fantastic unit mix, including 2 studios, 3 one-bedroom units with one bathroom, and 4 two-bedroom units with one bathroom. With an attractive assumable loan of $1,195,000 at a fixed rate of 3.39% until June 2027, this property provides favorable financing options. Boasting a great unit mix and the added benefit of 3 out of 7 units being remodeled, this apartment building presents tremendous potential for both immediate income generation and future growth.

Details

Property type

Apartment

Est. home value

$2,235,895

Lot size

8,122 sq ft

Price per sq ft

$278

Year built

1946

Price History

07/30/2024
CRMLS

CRMLS #SR24156634

Listed
$2,100,000

Schools & Community

Neighborhood: 

Arlington Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2022

Original loan amount

$1,250,000

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial

Seller

1648 St Andrews Llc

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2019

Original loan amount

$1,275,000

Est. remaining balance

Not provided

Interest rate

3.98%

Loan type

Commercial

Seller

1648 St Andrews Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/28/2024 at 7:15 PM

Listing updated: 08/02/2024 at 12:25 PM

Listed by: Yunus Hopkinson, Keller Williams Realty-Studio City Phone #: (818) 432-1500

MLS: CRMLS #SR24156634

CRMLS logo

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